Mathematics, 18.01.2021 02:30 timothytomas2046

1.The value of an asset currently priced at €100000 is expected to increase by 10% a year. (I) find it's value in 10 years time
(II) After how many years will it be worth 1 Million?

2.A bank offer Return Of 7% interest compound annually. Find the future value of principle of 4500 after 6years. what is the overall percentage rise over this period??

Answers: 3

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